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for the global markets report. kelly evans is standing by in london. >> michelle, hello. >> you might be here 12-12-2110. >> i think the date is 1221? today is 12-12. 12-21 it when the world ends. i think we've only got nine days left of the global market report. >> i'm worried about the fiscal cliff -- once we get the world -- which is worse? the world ending or the fiscal cliff? >> about the same i think. >> one could bring about the other. >> i think it's no accident they're both approaching. that's how i'm going to read the tea leaves. as you see, a mixed picture this morning. people mostly waiting on the fed decision later today. the major boards green, the ftse adding .25%. the same for the xetera dax and idex. we saw the news of monti's resignation on monday. they've recovered from then. wanted to show the ibex 35, up .3% in spain. there was an italian debt auction that went over well. that's helping sentiment. the owner of zara, one of the strongest retailers in europe, out with sales. you see that their shares are down. even though their nine-month sales figure was up 17% year on year,
of america merrill lynch global research senior research economist michelle mire and we'll talk through everything that's been happening through jobs and what to expect. but first, there is a developing story. an earthquake off the northeast coast of japan triggered a tsunami warning. the warning has been lifted, but it was a 7.3 quake. so far no reports of any injuries or damage. it was for the same area devastated by an earthquake and tsunami back in march of last year. we will continue to bring you any developments. in the meantime, steve has some of the morning's top other stories. >> let's start with the markets. asian stocks rallying to 2012 highs overnight. the nikkei edging lower after hitting a se hitting hitting a seven month closing high yesterday. european trading, shares seem to be fwllat. bundesbank announced it had cut its growth outlook for the country. in the u.s., the nasdaq snapped its losing streak yesterday with its first gain in five days. the dow was on pace for its third straight weekly gain. u.s. equity futures at this hour -- we don't have them. maybe joe has t
for the economy. michelle myers joins us on set for the rest of the hour. michelle, is this the best we can do, 2.1%, something growth like this? >> yeah. we're looking for pretty slow growth, as well. for q4, we're tracking just above 1%. retail sales were above expectations. the trade data was supportive of q4 growth. we're ending the year on a soft note and heading into early next year, a lot of it will be driven by what we get out of washington. we're in the camp that we're going to have some significant austerity hits early next year. so personal income is going to set lower. consumer spending is going to struggle a bit. it will be offset from rebuilding of sandy, perhaps some clarity around the fiscal cliff if we get some resolution will help business investments. >> and to this point, it's been the consumer holding it up. if consumer spending starts to slow down, do they pull in the reins, anyway? >> that's the key question. if you think that businesses have cut even above and beyond that was needed giveng the trends and demand, you would argue there is pent up demand. but if you think tha
. the e-mail address is real. the twitter thing i'm less -- >> he was actually e-mailing with michelle cabrera -- >> what's weird about his tweets? >> he's tweeting. he's tweeting it all. he's big on apple. >> and he -- >> he said he went on, i'll pick it up -- >> he doesn't have a social person like we have here telling me to tweet? he -- someone could be telling him he needs to tweet every day now. >> correct. >> might be him. he might have just started tweeting, right? >> he was using hash tags right away. >> i never used a hashing to. >> it seemed like he knew what he was doing. >> robertson writes, "refuses to retire, go to court, or abandon my tiger cubs. author and husband who just misses his life partner. salisbury, north carolina." you would think that's him. has picture and everything there. >> you would. >> i mean, how could anybody know that about him or get his picture? >> right. >> yeah. that could easily do that, but it would be mean to talk about life partner. >> he says apple is the stock of 2013. one of his tweets. mentions maria bartiromo, says did an interview with
to new allegations of bribery at its mexican affiliate. michelle caruso cabrera has the details. >>> and then what's christmas without some of the finest chocolates of the world? still ahead. ♪ [ engine revs ] ♪ ♪ [ male announcer ] the mercedes-benz winter event is back, with the perfect vehicle that's just right for you, no matter which list you're on. [ santa ] ho, ho, ho, ho! [ male announcer ] lease a 2013 c250 for $349 a month at your local mercedes-benz dealer. at your local wooohooo....hahaahahaha! oh...there you go. wooohooo....hahaahahaha! i'm gonna stand up to her! no you're not. i know. you know ronny folks who save hundreds of dollars switching to geico sure are happy. how happy are they jimmy? happier than a witch in a broom factory. get happy. get geico. fifteen minutes could save you fifteen percent or more. >>> welcome back, everyone. in our headlines this morning would be toyota will pay about $17.4 million in civil penalties. toyota failed to report a safety defect. this is the fourth time in the last two years that toyota has been fined like this. toyot
by allies that are committed to actually backing his reforms. michelle caruso-cabrera joins us on set. you can see that andrew was taking some shots. >> a new camera. >> i'm so used to it wherever i go. andrew, we've got the fire behind you. >> it's summer cute. >> the sweater. >> yeah. >> but it's an orange -- i don't understand why it's orange. it's hal weeb. >> it's a red sweater. >> look at it. i know it's coming a little bit orangey. >> on tv. >> okay. >> lovely. thank you. love the guys in the control room. >> so here's italy. silvio berlusconi. your intro was about mario monti which is all true. silvio berlusconi, the former prime minister of italy -- >> my favorite. >> thank goodness for silvio berlusconi. >> look at his hair. what is he, 76? >> 76. he just sat down with cnbc italy over the weekend. silvio berlusconi says he does not want to run for prime minister, but, he is obligated to, because the country needs him so desperately. he is the only one that can bring together 40% of the people who vote for him, so that way the left does not control italy. >> he could not get 40%,
Search Results 0 to 5 of about 6

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